Shares Investment previously featured LY Corporation in early February 2018, in conjunction with the group’s listing. Click HERE for the detailed write-up about the insights we gain from our meet up with the management. In this article, we will follow up on the group’s latest FY17 earnings result.
According to Medical Tourism Index, a global destination-type performance measure for attractiveness of healthcare services of a country, Singapore ranked fourth on the global scale just behind Canada, UK and Israel in 2016. As the leading medical destination in the region, the Singapore economy has benefitted from international patients coming over for a whole range of medical care ranging from health screening to specialised surgical procedures. But it would not just be the international patients that will be driving the sector.
Post-restructuring, Jubilee returned to profitability and reported a net profit of $0.8 million in 1H18 after two years of losses since the acquisition of its electronic components distribution (ECD) business in January 2015. Originially, Jubilee was a pure-play mechanical moulding company until it underwent a long period of restructuring when Mr Tea took over the reins.
SI Convention: Pacific Star Development – A Showcase of Development Expertise Through a Masterpiece in Puteri Cove
Back in October 2017, Pacific Star Development (PSD) sparked off new attention when it announced that it is partnering up Dubai-listed DAMAC International to develop luxury properties across Southeast Asia.
Happy Lunar New Year folks! Wish you “huat” in this New Year! Did you retired uncles and aunties receive many ang bao from your children and grandchildren? But don’t lose control and use all their monies on “ban-luck” ok?
Research shows that an average person needs about seven to eight hours, or approximately a third of their life span, of sleep. A good night of rest is worth gold as one will be in best form to achieve his or her best for the day. This makes sleep a worthwhile investment indeed.
Shares Investment initiated coverage for Kim Heng Offshore & Marine Holdings (Kim Heng) back in October 2017. Following which in November 2017, the stock ran up almost 30 percent to close at $0.103. Starting the year with a bang, Kim Heng ran up to about $0.124, registering another 20.4 percent gain since then. In all, shares of Kim Heng have delivered a return of over 50 percent in three months since our coverage!
After the successful reverse takeover (RTO) of SHC Capital Asia, Memories Group (Memories) became the first to debut as a new listco on Catalist of the Singapore Exchange in 2018. Commencing the first day of trading on 5 January 2018, shares of Memories soared 48 percent above its placement price, closing at the high of $0.37 per share.
One of the classic investment advices we often hear is to “invest in what you know”. Indeed, Warren Buffett has proven that this simple advice, if followed with utmost discipline, can reap enormous rewards.
Since hitting the high of $1.23 in October 2017, shares of Cityneon Holdings‘ (Cityneon) share price has corrected over 20 percent to the current $0.97. Prior to its huge share price run-up, Cityneon added yet another intellectual property rights (IPR) for blockbuster franchise, Jurassic World.